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class="hfeed site" id="page"> Home Facebook-f Twitter Youtube Search Close The following posts are written by contributors and do not necessarily represent the views of ZitoBox. $4.5m Of These Rewards Have Already Been Paid $4.5m Already Paid Start With $10 Free - Coupon Code: TV PLAY NOW PLAY NOW PLAY NOW PLAY NOW The following posts are written by contributors and do not necessarily represent the views of ZitoBox. November 3, 2022 Powerball reveals winning numbers for $1.2 billion jackpot On Wednesday night, America’s lottery players competed for the fifth 10-digit jackpot in U.S. history — a Powerball drawing worth $1.2 billion.
The winning numbers were 2-11-22-35-60, with the Powerball being 23.
The $1.2 billion prize, if won, would be the fourth-largest in U.S. lottery history and comes slightly over three months since the third-biggest — a $1.337 billion ticket sold in the July 29 Mega Millions contest.
If taken in a single lump sum of cash , as most recent big lottery winners have chosen to do, Wednesday’s $1.2 billion Powerball prize would be worth $596.7 million. The larger, advertised amount is what the other option — a 29-year annuity — would be worth over its lifetime.
Federal taxes would quickly take almost 40% of that amount, with state taxes a possibility on top of that.
If Wednesday’s drawing did not produce a winner, Saturday’s contest is expected to push $1.6 billion and could be the biggest in U.S. history.
“I think it would be close to being a record if not a record,” Drew Svitko, the Pennsylvania Lottery’s executive director, told the Associated Press. “The record of $1.586 billion that we had back in 2016 is within reach, but it really depends on a couple factors.”
The greatest such factor is the number of tickets sold, which spikes as eyepopping “billion-with-a-b” numbers encourage sales among both regular and casual players.
The last Powerball winner came on Aug. 3, 38 drawings ago, and recent changes such as expanding to three drawings a week have encouraged, in Powerball’s words, “larger, faster-growing jackpots.”
The $2 Powerball tickets are sold in 45 states, along with the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
The odds of a winning Powerball ticket are 1 in 292.2 million.
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